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Getty Images announces purchase of Latin American master delegate

May 3, 2017 • Company News

Getty Images, a world leader in visual communications, has today announced it has signed a letter of agreement to purchase the business assets of its Latin American third party distributor, operating under the name Getty Images Latin America (GILA), taking over direct operation of its business enterprises in the region.

For the past eight years, GILA has operated as one of Getty Images’ largest master delegates, building a solid base on which to support the company’s market growth plans.

The deal follows Getty Images announcement of an expanded presence in Brazil late last year and reinforces the company’s commitment to the growth of their Latin American base.

“The Latin American market is on the verge of exponential growth and presents a unique opportunity to leverage Getty Images’ expertise and resources to provide a strengthened, local offering,” said Getty Images Vice President, Latin America, Carlos Pinto.  “There has been a growing demand for authentic local content from our global customer base, so we will be focused on investing in supporting the local photographer community.”

The acquisition will close in stages over the next few months.

 

About Getty Images:

Getty Images is the most trusted and esteemed source of visual content in the world, with over 200 million assets including photos, videos, and music, available through its industry-leading sites www.gettyimages.com and www.istockphoto.com. The Getty Images website serves creative, business and media customers in almost 200 countries and is the first-place people turn to discover, purchase and share powerful visual content from the world’s best photographers and videographers. Getty Images works with over 200,000 contributors and hundreds of image partners to provide comprehensive coverage of more than 130,000 news, sport and entertainment events, impactful creative imagery to communicate any commercial concept and the world’s deepest digital archive of historic photography.

Visit Getty Images at www.gettyimages.com to learn more about how the company is advancing the unique role of still and moving imagery in communication and business, and enabling creative ideas to come to life.  For company news and announcements, visit our Press Room, and for the stories and inspiration behind our content, visit Stories & Trends. Find Getty Images on Facebook, Twitter, Instagram, LinkedIn, Pinterest and Tumblr, or download the Getty Images app where you can explore, save and share the world’s best imagery.

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